Platinum Group Metals
PLG
44 hedge funds and large institutions have $137M invested in Platinum Group Metals in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 8 closing their positions.
63% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 8
2% more funds holding
Funds holding: 43 → 44 (+1)
0.09% more ownership
Funds ownership: 6.21% → 6.3% (+0.09%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $145M → $137M (-$7.72M)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
60% less call options, than puts
Call options by funds: $23K | Put options by funds: $57K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$25.6M |
| 2 |
DSC
Donald Smith & Co
New York
|
+$17.8M |
| 3 |
Franklin Resources
San Mateo,
California
|
+$5.79M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$2.44M |
| 5 |
CC
CQS Cayman
Camana Bay, Grand Cayman,
Cayman Islands
|
+$1.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ABC
Anchor Bolt Capital
Chicago,
Illinois
|
-$2.03M |
| 2 |
RA
Raffles Associates
New York
|
-$565K |
| 3 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
-$209K |
| 4 |
GAM
Genesis Asset Managers
Guernsey, Channel Islands,
United Kingdom
|
-$142K |
| 5 |
Invesco
Atlanta,
Georgia
|
-$101K |
PLG Hedge Fund Activity: Q1 2017 in Review
44 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Platinum Group Metals (PLG) for Q1 2017, worth a combined $137M — down 5.3% from $145M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new PLG positions and 8 closed out — a net gain of 5 holders — while 9 added to existing stakes and 13 trimmed.
The largest buyer was BlackRock, adding an estimated $25.6M. The largest seller was Anchor Bolt Capital, exiting entirely with an estimated $2.03M sold.
- 44 institutional investors held Platinum Group Metals (PLG) as of Q1 2017, up from 43 in Q4 2016.
- Funds reported $137M of Platinum Group Metals stock for Q1 2017, down 5.3% quarter-over-quarter.
- 13 funds opened new Platinum Group Metals positions in Q1 2017 and 8 closed out, a net change of +5 holders.
- The largest Platinum Group Metals buyer in Q1 2017 was BlackRock, an estimated $25.6M added.
- The largest Platinum Group Metals seller in Q1 2017 was Anchor Bolt Capital, an estimated $2.03M sold.
Based on aggregated 13F filings for Q1 2017.